[HN Gopher] Stamp collections are fetching whopping prices, but ...
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       Stamp collections are fetching whopping prices, but clubs need new
       members
        
       Author : adrian_mrd
       Score  : 28 points
       Date   : 2021-10-27 15:07 UTC (1 days ago)
        
 (HTM) web link (www.abc.net.au)
 (TXT) w3m dump (www.abc.net.au)
        
       | thatguy0900 wrote:
       | My grandfather recently died and left behind collections that we
       | sold off. When you spend your life collecting things you really
       | do build yourself around it. I was very excited and volunteered
       | to take his national geographic collection until I realized that
       | it would essentially take two entire rooms full of boxes with no
       | walking space. His coin and stamp collections were also massive,
       | heavy filing cabinets. Even selling them off is a massive chore,
       | much less going through them to try and see where to continue it.
        
         | sumtechguy wrote:
         | My dad has one of those big coin collections. There are maybe a
         | dozen or so coins in the whole thing that are really worth
         | anything. The rest is several physical tons of 'that is going
         | to take awhile to go through' and 'hey dad your retired why
         | dont you sort your coins, oh I am leaving that to you'.
         | 
         | I personally try to keep my physical collections small. Only a
         | few items that I consider interesting I keep. Except my DVD
         | collection, video games, and my wifes CD collection. I like
         | them so I keep those. But if I stopped caring about it I would
         | take an active interesting in getting rid of it. I do not want
         | to burden someone else with my collection of junk. My personal
         | coin collection if you went and spent it as cash I would be a
         | bit upset but no real value would have been lost. The 50 or so
         | coins I have are merely novelty not valuable and fit in a
         | plastic cup.
        
         | notyourday wrote:
         | > Even selling them off is a massive chore, much less going
         | through them to try and see where to continue it.
         | 
         | Contrary to what people want to believe 99.99999% of all those
         | collections are _priced per lb or kilo_.
        
         | chrisseaton wrote:
         | > Even selling them off is a massive chore
         | 
         | There are people who will give you a price to buy collections
         | that you don't want to take the time to carefully catalogue for
         | appraisal.
         | 
         | Both you and them take a risk on the price being right, but
         | then you save a lot of time.
        
       | electroly wrote:
       | I'm involved with an online stamp store for collectors. We
       | estimate the average age of our customers is 70. The business has
       | been around for 30+ years; a big contributor to customer
       | attrition is death. I can't imagine the hobby surviving for
       | another generation.
        
       | stevoski wrote:
       | This headline is quite inaccurate.
       | 
       | Most stamp collections are worth a pittance, and worth far less
       | than was spent on building them in the heyday of stamp
       | collecting.
       | 
       | The hobby mostly died out a couple of decades ago. Just a few
       | diehards, and - as the article gets right - they are generally
       | old.
        
       | darthvoldemort wrote:
       | What they really mean is that they need a new generation of
       | Greater Fools to sell their collections to, otherwise the value
       | of their collections will completely deflate.
       | 
       | I've seen this exact same discussion on comic book boards that I
       | frequent, where some collectors worry that Golden Age and Silver
       | Age comics may drop in value because they don't have as much
       | meaning to newer collectors, who buy Modern comics for different
       | entirely reasons. It's kind of a funny discussion to me, since
       | they are literally trying to keep a Ponzi scheme going at the
       | expense of younger people and new collectors.
        
         | 7402 wrote:
         | In my experience, people don't collect stamps in the hopes of
         | making a killing via a "Ponzi Scheme."
         | 
         | They collect stamps because the hobby brings them joy and
         | satisfaction. Even if they are mocked by others who don't
         | understand how they could enjoy such a thing.
         | 
         | It is not necessary to attribute to ulterior motives to what
         | can be explained simply by different interests.
         | 
         | I'm sure there are aging collectors who mistakenly think they
         | are leaving a stamp collection that could be of financial value
         | to their children, but it is likely that they also have the
         | wistful albeit unlikely hope that someone of the next
         | generation might take up the hobby that has given them
         | pleasure.
        
           | rsj_hn wrote:
           | This is how I feel about collecting books. I have a nice
           | collection of illustrated books from the Yellow Nineties.
           | They are not a path for financial independence, but they are
           | beautiful.
        
       | llimos wrote:
       | Everything is fetching whopping prices. There's just too much
       | money around.
        
         | ghaff wrote:
         | While somewhat true in general, there isn't a lot of evidence
         | in the article in support of the headline. Some high-end stamp
         | collections have fetched good prices. OK.
         | 
         | But at least for the population the article is talking about,
         | interest is dwindling. And it's hard for me to believe that, in
         | general, either stamp or coin collecting has the mainstream
         | appeal that it once had.
        
       | achenatx wrote:
       | I personally try to collect nothing. I essentially "collect" two
       | things 1) stocks 2) personal digital photos
       | 
       | Every material thing you own can weigh you down. I try to make
       | sure I use everything I own vs owning things just for the
       | pleasure of owning them.
       | 
       | I have pre kindle books that I wish I could convert to kindle.
       | 
       | I wrote amazon suggesting I give them my books for free, then
       | they give me the digital copy at a discount (maybe 50%?) At some
       | point I might buy the kindle versions and then sell the books to
       | a used bookstore (at 25%).
        
         | Grakel wrote:
         | I agree, and I think it's somewhat generational. My dad is now
         | on social security, but he will stop at any yard sale. Or talk
         | for hours about trying to get some piece of furniture from an
         | acquaintance. His house is full of cheap crap I'm going to have
         | to haul away.
        
         | secondcoming wrote:
         | Books are a nightmare when moving home. I see people with full
         | bookshelves and I pity them. It's not like they read all the
         | books either
        
           | jacobolus wrote:
           | > It's not like they read all the books either
           | 
           | The point of having a library (personal or otherwise) is not
           | to read every one of the books cover to cover. Knowing where
           | to find a particular book and how to look up what you need
           | inside is incredibly valuable. (Indeed, many books become
           | _less_ useful to keep around after you have read them)
        
           | ghaff wrote:
           | I've slowly been trying to work down the amount of stored
           | paper, including books, in my house. I haven't moved in a
           | long time but, earlier in my life, I definitely put way too
           | much effort into moving books and other heavy things from
           | place to place.
        
             | lapetitejort wrote:
             | I recently dumped nearly all of my university papers and
             | textbooks. That's one less solid box of tree that I need to
             | lug from place to place only to forget about for half a
             | decade at a time.
        
           | klyrs wrote:
           | I have many shelves of books. There's a few reference books
           | that I haven't "read" because nobody sits down to read a CRC
           | Handbook; a few textbooks I haven't read because they were
           | aspirational purchases that are difficult to make time for; a
           | dozen or so novels that will definitely get read in the next
           | two years. If I don't like a novel enough to re-read it, it
           | goes into a box, and gets returned to the next used bookstore
           | I visit.
        
           | williamtwild wrote:
           | "It's not like they read all the books either"
           | 
           | Not sure how you would come to this conclusion without
           | knowing every person with a book collection. I know quite a
           | few bookphiles that have read every single book on every
           | shelf.
        
         | poo-yie wrote:
         | You're right that material things can weigh you down. However,
         | in the case of stamps they're probably one of the smallest and
         | lightest physical items one can collect.
        
           | klyrs wrote:
           | However, they aren't stored in an optimal packing, because
           | that would ruin the stamps. They're stored in binders,
           | increasing their weight and volume more than tenfold.
        
             | thioordc wrote:
             | Yeah 10 times a small number is still small.
        
               | klyrs wrote:
               | If you have a one-stamp collection, you're absolutely
               | right. But collectors often end up with many boxes of
               | binders.
        
           | lapetitejort wrote:
           | Element collecting, as practiced by Bill Gates, might be the
           | lowest. Although collectors tend to horde 10^23 items more
           | than needed.
        
         | LurkingPenguin wrote:
         | > Every material thing you own can weigh you down.
         | 
         | Material things can also bring you...pleasure (to use your own
         | word).
         | 
         | Of course, there's a balance and it's horses for courses, but I
         | think a lot of people would feel that limiting their ownership
         | of "things" to only those that have utilitarian value would
         | make life far less interesting if not outright dull.
         | 
         | In the case of books, I enjoy the tactile sensation of a
         | physical book, and find that physical books are easier on my
         | eyes.
        
           | poo-yie wrote:
           | I love physical books too (and for the same reasons).
        
         | timmg wrote:
         | > I personally try to collect nothing.
         | 
         | Have you seen the movie "Up in the Air"? Your comment reminded
         | me of the speech George Clooney gave :)
        
         | darthvoldemort wrote:
         | I collect comic books, and I collect limited edition rock n
         | roll photos.
         | 
         | I do have a vast collection of digital comics, probably 250GB
         | worth, but I also want the joy of actually owning some of them,
         | looking at them, and reading them.
        
         | chrisseaton wrote:
         | The problem is if someone somewhere doesn't look after physical
         | things that we can't replace... who will? Individuals can
         | delegate it to others, but someone has to do it (if we want to
         | keep historical things at all.)
        
           | jetrink wrote:
           | That's a great point. For example, I recently got back into
           | film photography and I found that if you want to get a
           | 40-year-old camera today, you'll probably be buying it from a
           | collector. Without them, these wonderful, obsolete tools
           | would have gone in the landfill long ago.
        
             | ghaff wrote:
             | There are definitely cameras that fall into the collectible
             | category. But I would have thought that 1980-era DSLRs were
             | still pretty available from used camera stores. (I haven't
             | personally checked; maybe run-of-the-mill film cameras
             | son't move quickly enough.)
        
               | ghaff wrote:
               | Duh. Not DSLRs of course. It's too ingrained at this
               | point.
        
             | poo-yie wrote:
             | Good point! And there are many fantastic film cameras from
             | long ago. I just bought a Nikon F2 film camera (my second)
             | yesterday. Many of those old film cameras and such a joy to
             | shoot with.
        
           | beauzero wrote:
           | Different US States do provide this function... One of the
           | best (and the first 1901) is Alabama
           | https://archives.alabama.gov/
        
         | Brendinooo wrote:
         | Bullion's a decent thing for grownups to collect. ROI isn't
         | great, but it's not nothing, won't go to zero when a generation
         | of enthusiast dies, and there are some beautiful coins out
         | there.
        
         | Consultant32452 wrote:
         | There is definitely a top-down cultural push to encourage
         | regular people to stop owning things.
         | 
         | We were told we'll own nothing and we'll be happy about it.
         | 
         | I can't help but suspect that there is too much evolutionary
         | programming to own resources for that to be a reality.
        
           | timmg wrote:
           | That's just so they can charge subscription fees.
           | 
           | One day I'll figure out if my Youtube Music subscription cost
           | more than I would have spent on buying all my music.
        
             | ghaff wrote:
             | I'm a bit torn with music streaming services. I probably
             | subscribe more for the playlists and ability to try someone
             | new than the music collection. I have a big collection,
             | ripped and downloaded, but I decided it was too much
             | trouble to systematically fill it out and curate it--at
             | least for now.
        
             | codetrotter wrote:
             | YouTube Music, Spotify or Apple Music (whichever one you
             | prefer) is definitely worth it to me.
             | 
             | I listen to so much music from so many different artists
             | all of the time. I could never afford to buy all of that
             | music in a long long time. And Apple Music, just like
             | Spotify that I used to use before it, helps me discover new
             | music all of the time.
             | 
             | Also, streaming music from service like these, is much more
             | convenient than owning the music. More convenient than
             | piracy even.
        
               | tyrfing wrote:
               | I've listened to 6000 songs by 1500 different artists in
               | the last year, and that's a drastic undercount due to
               | offline listening and youtube viewing that isn't reported
               | to last.fm.
               | 
               | Buying music can't compete with that. Just sourcing the
               | downloads would be a huge burden.
        
               | Consultant32452 wrote:
               | I find, just for me personally, there is not more than
               | 1-2 _new_ songs I want to listen to per month. Buying the
               | songs saves a few bucks (not a noticeable amount in my
               | monthly budget to be honest) and also more directly funds
               | the artist compared to streaming.
        
           | [deleted]
        
       | Stranger43 wrote:
       | Stamp collection is one of those things that belongs to an
       | particular period of change where things lined up to make it
       | accessible and exiting at the same time, as the post war economy
       | saw an book in people flying of to exotic destinations and
       | sending postcards back to family and friends as Instagram and
       | Facebook had yet to be invented. That faded as the exotic abroad
       | became less exotic.
       | 
       | Today you don't even need a actual stamp to sent an letter using
       | the actual mail(see https://www.postnord.se/en/sending/letters-
       | and-postcards/por... for example) so the hobby is bound to become
       | more expensive and lets be honest what was the last time you got
       | an postcard or for that matter an letter not sent by an bulk
       | mailing operation containing boring bills or official documents.
        
         | saiya-jin wrote:
         | Whoa, not sure what kind of folks you have around you and
         | relationships with them, but when we travel (or on christmas,
         | easter, etc) we send postcards to our closest friend and
         | family. So do they.
         | 
         | Its personal, I always draw little figures of me and my wife on
         | the picture side, climbing mountains, swimming from sharks,
         | paragliding etc. depending on situation.
         | 
         | My parents have them all on the wall, so do some friends (well
         | not _all_ of them). Its a small gift, showing we think about
         | them not only by bombarding them with photos /videos all the
         | time.
         | 
         | Its a nice tradition, the best kind of mail you can get, and I
         | see no reason stopping it.
        
           | jmuguy wrote:
           | I agree, I always love sending postcards when I travel. Its a
           | shame that 99% of the physical mail any of us receive is
           | trash.
           | 
           | Particularly traveling internationally there will always be
           | something awesome about being able to mail a postcard and
           | give the recipient a little piece of the place where you're
           | visiting.
        
           | distances wrote:
           | I agree! It's nowadays even a more special occasion to
           | receive a postcard than it used to be. I make sure to send
           | one from all my holidays for my grandparents and godchildren
           | (which itself is a nice tradition, no need to be part of a
           | church or make it religious -- kids love having their own
           | uncle/aunt).
        
           | lotsofpulp wrote:
           | It does sounds like a nice tradition, but as a mid 30s
           | American living on the coasts, I have never sent or received
           | a postcard, nor seen one of my friends do it when we go on
           | trips.
        
             | ghaff wrote:
             | It's certainly far less common than it used to be. Ditto
             | for Christmas cards; I think maybe I get them from three
             | people who aren't businesses that get money from me and
             | often don't get around to sending any myself.
        
         | zokier wrote:
         | I find the trajectory between model railways and stamps sort of
         | similar, in both cases they are linked to a phenomenon that has
         | diminished from the popular view quite significantly and as
         | such they as hobbies have waned also. Trains are not really the
         | icon they were 50-100 years ago, nor are people interacting
         | with stamped mail anymore.
         | 
         | Ham radio is sort of another hobby that kinda falls into the
         | same category, although maybe for slightly different reason?
         | But there too, just talking to random/local people kinda lost
         | its luster; people barely even make phone calls these days
         | anymore.
        
       | bhouston wrote:
       | Stamps are 1900s' NFTs.
        
         | VonGuard wrote:
         | Incorrect: stamps have a very distinct use. NFTs are just
         | humongous numbers that are metaphorically associated with
         | some.... thing.
        
           | manquer wrote:
           | Stamps had a function, now they are mostly decorative.
           | 
           | You can print postage with unique number. Stamps are just one
           | method for postal service to identify your package and its
           | payment and transportation mode.
        
             | poo-yie wrote:
             | US stamps of today seem to be far less decorative (talking
             | about the design on the stamp itself) than ones I've seen
             | from days gone by.
        
         | chrisseaton wrote:
         | Stamps are _fungible_ tokens though. The whole point of NFTs is
         | they 're _non-fungible_ tokens - that 's what the N stands for.
        
           | electroly wrote:
           | In terms of collecting, stamps are nonfungible. They are
           | individually graded for the centering of the image, the
           | condition of the perforations, the condition of the gum, and
           | sometimes the novelty of the cancellation (if it's used). The
           | price of a stamp is based both on the rarity of the stamp in
           | general and on the grading of the particular stamp. When you
           | buy a stamp, you're buying the exact pictured stamp[0], not a
           | fungible equivalent.
           | 
           | [0] Usually. Sometimes people will buy "spacefillers" where
           | they don't care about the quality, they just want something
           | cheap to put in the spot in their collection. These are often
           | unpictured and you get whatever the dealer sends you. These
           | could be considered fungible.
        
             | klyrs wrote:
             | An uncancelled stamp is technically fungible, but a
             | cancelled stamp is, well, funged. It never ceases to amuse
             | me that this can increase the stamp's value.
        
               | electroly wrote:
               | Uncancelled ("mint") stamps are still individually graded
               | for centering, gum, and perforation. This probably
               | matters less on modern stamps (vs. classic stamps) but
               | nobody collects modern stamps.
        
       | munificent wrote:
       | It's hard to imagine stamp collecting not dwindling as a hobby
       | over time given that email and other digital communication has
       | supplanted almost all personal letter writing. In the absence of
       | that, there's so little emotional attachment left to physical
       | mail and stamps that few will care to collect them.
        
       | LammyL wrote:
       | Canada had a renewed interest in stamp collecting among young
       | people in the late 1980s after the TV movie Tommy Tricker and the
       | Stamp Traveller came out. But it died out pretty quickly as
       | Canada Post switched to printed stamps, and as kids grew out of
       | it.
        
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